Computer modelling used a decade ago to predict how quickly global average temperatures would rise may have forecast too much warming, a study has found.

Myles Allen, professor of geosystem science at the University of Oxford and one of the study’s authors told The Times: “We haven’t seen that rapid acceleration in warming after 2000 that we see in the models. We haven’t seen that in the observations.”

“The renewable sector must be made to carry the cost of its own instability instead of passing it on to mugs like us.”

Corporate welfare on steroids!

$300 million of Australian taxpayer money paid directly to a Saudi billionaire to prop up a novelty energy source that can’t even supply about 1/68th (or 1.45 per cent) of the output of the Hazelwood power station that closed in Victoria earlier this year.

It’s no wonder Australia now has the most expensive and most unreliable energy IN-THE-WORLD!

Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired power stations alive.

AGL’s controversial Liddell coal power station in the NSW Hunter Valley generates 50 times as much electricity as the Moree solar farm in the state’s north, which stands to gain big subsidies from households from higher electricity bills until 2030, as the government vows to ease…